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Dec 6, 2013
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i would say such policies if we were to continue would lead to greater deficit, which would eventually reduce a nations out the door income slightly below what would occur under current i think we should be focused on how to get people back to work. has is where the house focused. they await consideration at all. back. >> i think the gentleman for his comment. we have an alternative. he will be talking about it in terms of job and education and buting jobs for our people, the fact is there are 1.3 million people who cannot find a job. to say they will incentivize because we continue to give some , there are three people looking for everyone job available. most of those are skill sets the unemployed have not ad. we are for investing in education. we share the view on that. it's not going to be much solace for them and their families to say, we dropped you off the rolls. you won't be able to put money on the table -- to put food on the table because the senate has ot acted. i opposed many of the pieces of but we havemyself, a crisis. that crisis is we have 1.3 million. they said not to p
i would say such policies if we were to continue would lead to greater deficit, which would eventually reduce a nations out the door income slightly below what would occur under current i think we should be focused on how to get people back to work. has is where the house focused. they await consideration at all. back. >> i think the gentleman for his comment. we have an alternative. he will be talking about it in terms of job and education and buting jobs for our people, the fact is...
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Dec 4, 2013
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that deficit can compound itself over time. and finally rising inequality and declining mobility are bad for our democracy. ordinary folks can't write massive campaign checks or high-priced lobbyists and lawyers to secure policies that tilt the playing field in their family and at everyone else's expense. so people get the bad taste that the system is rigged. and that increases cynicism and polarization and it decreases the political participation that is a requisite part of our system of self-government. this is an issue that we have to tackle. if in fact the majority of americans agree that our number one priority is to restore opportunity and broad-based growth for all americans to question his why ask washington washington -- why his washington consistently failed to act? i think a big reason is the myths that have developed around the issue of inequality. first there is the myth but this is a problem restricted to a small share of predominantly minority people. this isn't a broad based problem or a black problem or hispani
that deficit can compound itself over time. and finally rising inequality and declining mobility are bad for our democracy. ordinary folks can't write massive campaign checks or high-priced lobbyists and lawyers to secure policies that tilt the playing field in their family and at everyone else's expense. so people get the bad taste that the system is rigged. and that increases cynicism and polarization and it decreases the political participation that is a requisite part of our system of...
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Dec 4, 2013
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the deficit has just exploded. the pope actually blamed income and equality, and rush limbaugh quickly denounced the pope saying, quote, this is just pure marxism out of the mouth of the pope. who is right? >> you've got to look to the state of utah. i don't know what it is in california. i think it's 8.7% or so, and you look at what we're doing, we have a responsible government, we have a predictable regulatory environment. we do a good job of educating the kids. we have a good tax break. we're doing all the things -- >> it sounds like you're agreeing with the pope then? >> you look at the result, we have less disparity in the income that can most any other state. we would love to have the pope. he can come to provo anytime. >> you have a deep and personal passion about helping the poor, and i suspect you resonated deeply with pope francis ooze comments which were very powerful and compelling in many ways, but i'm puzzled. wise in the last 30 years we've had dramatic economic growth. i was very fortunate i was the
the deficit has just exploded. the pope actually blamed income and equality, and rush limbaugh quickly denounced the pope saying, quote, this is just pure marxism out of the mouth of the pope. who is right? >> you've got to look to the state of utah. i don't know what it is in california. i think it's 8.7% or so, and you look at what we're doing, we have a responsible government, we have a predictable regulatory environment. we do a good job of educating the kids. we have a good tax...
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Dec 5, 2013
12/13
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talk about a deficit. we will see if we have anything that has not been leaked to the market. we have a statement and there is a bit in this statement. joining later with the details. >> we have the forecast from the ecb >> it is higher. do not expect that from the ecb. the rate policy could go and it surprised everyone. is that the ecb has more work to do. >> we have corporate news. >> keep a look on the luxury markets. it could go a little bit higher. shares and weo .5 see it down. it is more luxurious. it is dependent on europe. and it is in the wholesale market. you let's go to our international correspondent. gaining mobile may be state approval for a new license. that could mean assets and 8 million subscribers. the next month, the iphone is on sale. >> thank you so much. a center and a stamp of approval from regulators in china. general motors is rolling chevrolet. out andputting a note charges 700 million in to the european companies. it is focusing on this. we will have more on this car sector later today you have the statement and a little bit of luxury. >> it is bus
talk about a deficit. we will see if we have anything that has not been leaked to the market. we have a statement and there is a bit in this statement. joining later with the details. >> we have the forecast from the ecb >> it is higher. do not expect that from the ecb. the rate policy could go and it surprised everyone. is that the ecb has more work to do. >> we have corporate news. >> keep a look on the luxury markets. it could go a little bit higher. shares and weo .5...
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seventy four percent down to twenty eight percent here but the thing is and exploded the deficit it's only happening in luxor is what they have been over twelve percent unemployment rate so we're talking about highly distressed areas wouldn't you like to see tax cuts go at least to those areas where people are hurting the most where unemployment is the highest tax cuts that have not worked so we've got a policy that for thirty two years we've tried over and over and over again every time we try it it makes things worse and you say oh yes let's do more of that in the places where people are hurting the worst seriously what you want you want poor people in the zone's to pay one point three billion dollars more in taxes over the next ten years you don't want to give these people some sort of really mean income taxes. people at our poverty lot of the united states are paying a portion of income taxes and i think that lowering their taxes if. i was doing was corporate shill corporate shill want to own one and then on top of that he has the i when i was talking about assaulting the mandator
seventy four percent down to twenty eight percent here but the thing is and exploded the deficit it's only happening in luxor is what they have been over twelve percent unemployment rate so we're talking about highly distressed areas wouldn't you like to see tax cuts go at least to those areas where people are hurting the most where unemployment is the highest tax cuts that have not worked so we've got a policy that for thirty two years we've tried over and over and over again every time we try...
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revenues there were that ten to twenty percent benefit increase would pay for itself and reduce the deficit so ignore it. the so called moderate talking points the solution to our retirement crisis is clear we just need to take a listen to warren's proposal to expand social security and crank it up a few notches but not everyone wants to help seniors and rebuild the economy i'm joined now by but jack burkman g.o.p. strategist and host of behind the curtain jack one of the great pleasure to be with you so always so what's your what's the republican alternative to social security well there's a word for what you're describing with retirement age at age fifty five it's called france it's called italy it's called germany and these models are failing if anything the retirement age should be seventy five years which you surely has this once is arguably the strongest economy on earth average industrial wage in germany's fifty four dollars an hour i guess if you're white you think why are people with all of the wealth in this country why would anyone else has half the poverty rate we do get half th
revenues there were that ten to twenty percent benefit increase would pay for itself and reduce the deficit so ignore it. the so called moderate talking points the solution to our retirement crisis is clear we just need to take a listen to warren's proposal to expand social security and crank it up a few notches but not everyone wants to help seniors and rebuild the economy i'm joined now by but jack burkman g.o.p. strategist and host of behind the curtain jack one of the great pleasure to be...
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Dec 8, 2013
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when you look at the deficit we have had, when you look at sequestration, it is obvious that we will be building smaller budgets. you do not see that reflected frequently in congress. we are still arguing to make sure we do not cut these things. when the pentagon says they're decommission it, people say you cannot do that. the battle over the size of the national guard. congress has got to wake up and understand the budgets are getting smaller. intelligentome decisions and scissor trying to defend every little piece of the budget. i think the pentagon tried to take a holistic approach. i hope they start to be more cooperative. we can make sure that we have the training equipment necessary for the military. >> this budget that will be dropping is probably going to be the first one we have seen that will confirm with the caps we have seen in the budget control act. smith were the secretary of defense, where would the cuts most heavily fall? we were talking about compensation and benefits. this will not go until may or june. this probably will not reform the alteration bills. make of re
when you look at the deficit we have had, when you look at sequestration, it is obvious that we will be building smaller budgets. you do not see that reflected frequently in congress. we are still arguing to make sure we do not cut these things. when the pentagon says they're decommission it, people say you cannot do that. the battle over the size of the national guard. congress has got to wake up and understand the budgets are getting smaller. intelligentome decisions and scissor trying to...
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Dec 5, 2013
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as they were concentrated on deficit reduction and did not see the connection between deficit reduction and growth. they thought deficit reduction was a great policy. that was the mistake. they could not think in these dynamic terms. thaty do you not think this recovery will become a more broad-based recovery? there is some evidence that the export story is improving, manufacturing data has been improving. that data -- they are largely u.k. generated. it is internal rather than export. basic have to go back to theory. there are two drivers of economic growth. investment and there is consumption. you have got to look at what is happening to both of those components. and then you have to ask what are the chances that they will grow. i do not think investment -- it may have picked up a little bit. it is still very much lower than it was in 2007 in 2008. as for consumption, there has been a big decline in real earnings. over the last five years. >> how do we deal with that? this could come back to the tax story. >> that comes back to the tax story, it comes back to the way national insuranc
as they were concentrated on deficit reduction and did not see the connection between deficit reduction and growth. they thought deficit reduction was a great policy. that was the mistake. they could not think in these dynamic terms. thaty do you not think this recovery will become a more broad-based recovery? there is some evidence that the export story is improving, manufacturing data has been improving. that data -- they are largely u.k. generated. it is internal rather than export. basic...
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Dec 9, 2013
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the program is running a deficit. able toecurity is receive sufficient funding by cashing in the bonds it has in that is anund, but expense to the treasury which has to come up with the money to cover those bond payments into social security. the bottom line is it is part of the federal budget. we have not privatized the system. the money is accounted for separately. the government is not going to default on the money it owes to social security or to the medicare part a trust fund. host: bob is on our line for and dependents. -- for independents. caller: reducing some of the so sex expenses of means testing -- of the social security's of means testing. 50,000, and increasing the social security age by one year. thank you. guest: i think that sounds like a pretty good plan. i would vote for it. i think the long-term problems of social security have to be addressed by some combination of reduced benefits and that does not mean reduced absolute benefits, and new revenue. i think the combination you probably is where thin
the program is running a deficit. able toecurity is receive sufficient funding by cashing in the bonds it has in that is anund, but expense to the treasury which has to come up with the money to cover those bond payments into social security. the bottom line is it is part of the federal budget. we have not privatized the system. the money is accounted for separately. the government is not going to default on the money it owes to social security or to the medicare part a trust fund. host: bob is...
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Dec 2, 2013
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it was the highest deficit in history. when i asked him about tapering, he said anything that's good for the u.s. economy is necessarily going to be good for the israeli economy. they're the largest trading partner with israel and the e.u. is second. the conciliatory tone is one that we heard him talking about tehran. we're hearing it from the gulf states as well. you have the gulf arabs as well as the israelis, they're kicking at the traces but in the end they realize they're still pulling the same cart, which is the cart of the u.s. foreign policy so they have to get on board at some point. later this week in bahrain, foreign ministers from the united states, from the u.k., gulf states, egypt will be meeting and sitting down. they invited their iranian counterpart as well. we can learn more about how this agreement is going to play out. >> yeah. so we'll have to see how that plans out, hadley. another follow-up. cutting things, that's interesting when we're wondering what was going to happen with iran. >> exactly. he gav
it was the highest deficit in history. when i asked him about tapering, he said anything that's good for the u.s. economy is necessarily going to be good for the israeli economy. they're the largest trading partner with israel and the e.u. is second. the conciliatory tone is one that we heard him talking about tehran. we're hearing it from the gulf states as well. you have the gulf arabs as well as the israelis, they're kicking at the traces but in the end they realize they're still pulling the...
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Dec 10, 2013
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trade deficit has exploded. since nafta and w.t.o., we have lost over five million of our manufacturing jobs, 40,000 factories gone and real wages down across the economy. in fact, true audit, our export growth to countries we do not have fast track trade agreements with is actually 38% higher than those with which we do have the fast track agreements. myth number three, every president since roosevelt has had t.p.a. warning, trick acronym. t.p.a. also is an acronym for trade promotion authority. the cynical renaming of fast track. reciprocal the trade authority act. and that is a mechanism president roosevelt had that only pertained to tariffs. yes, it is true from 1934, the reciprocal tariff act had tariff proclamation authority, t.p.a., totally different thing than the t.p.a. that equals fast track. truth, a handful of presidents since nixon has had fast track. and now for the politics. the question is, will this house of representatives give president obama this extraordinary authority to push through the tr
trade deficit has exploded. since nafta and w.t.o., we have lost over five million of our manufacturing jobs, 40,000 factories gone and real wages down across the economy. in fact, true audit, our export growth to countries we do not have fast track trade agreements with is actually 38% higher than those with which we do have the fast track agreements. myth number three, every president since roosevelt has had t.p.a. warning, trick acronym. t.p.a. also is an acronym for trade promotion...
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Dec 5, 2013
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we've got the deficit cut, we've got public spending finally coming down. as you've said, the budget surplus on the horizon, that's big news. he will say austerity and balancing the books needs to be central to the government's policy going forward. now, whether that's pushing out the pensionable age or a further squeeze on public spending, some of that detail is going to be heard, it's going to be changes to energy prices, it's going to be changes to possibly some of their corporation tax, a freeze on business rates, but essentially it's going to away fiscally neutral budget with a tone saying tax cuts, they may kot come in the future, but not until we've secured recovery. we will have, however, gdp revisions up towards. the uk economy is booming. some experts are saying that the uk could be the most successful economy within the fw7 nations by the end of the year. with us here to discuss that further is steve radially, director of policy at trade manufacturing body eef. steve, finally, do we have a balanced recovery in the uk? we had positive manufacturin
we've got the deficit cut, we've got public spending finally coming down. as you've said, the budget surplus on the horizon, that's big news. he will say austerity and balancing the books needs to be central to the government's policy going forward. now, whether that's pushing out the pensionable age or a further squeeze on public spending, some of that detail is going to be heard, it's going to be changes to energy prices, it's going to be changes to possibly some of their corporation tax, a...
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we explored our countries trust deficit. robbie leatherwood will speak with us next. reporter: vice president aydin in asia, trying to keep the chinese are starting a military conflict. former army four-star general jack keane on what the administration should do lou: let's take a look at the global hotspots that are not cooling. in afghanistan, president hamid karzai shutdown secretary john kerry's suggestion that the united states could rcumvent through famine have afghans defense ministers on a security agreement that would allow u.s. troops to stay in the country past next year. the spokesman of hamid karzai says he would not promote any of his ministers to sign in his place my certain demands are met, including a demand to change miliary operation. any major blow to hezbollah. one of its top military leaders gunned down outside of hishome in a busy beirut suburb. has bloke was quick to blame israel for the assassination and israel denied any involvement in the death of the terrorist. in the ukraine, more protest over closer ties with russia and reduction of a tra
we explored our countries trust deficit. robbie leatherwood will speak with us next. reporter: vice president aydin in asia, trying to keep the chinese are starting a military conflict. former army four-star general jack keane on what the administration should do lou: let's take a look at the global hotspots that are not cooling. in afghanistan, president hamid karzai shutdown secretary john kerry's suggestion that the united states could rcumvent through famine have afghans defense ministers...
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Dec 2, 2013
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fiscal challenges that your country is, and we went through a strategic review several years ago and a deficit reduction action plan, all of which has decreased our budget by 10-15%. and and this has required all kinds of trade-offs along the way too. going forward and recently we just had the speech which indicates that the government is looking to refurbish their canada first defense strategy and in that way allows us to look at where we can invest in new areas. so there will be trade-offs to come certainly within a stable envelope of tight resources. >> okay. and then the last question i wanted to ask is on author rad. norad. and you mentioned in your comments that, expansion, if you will, into the maritime domain, i think there's a lot of interest, too, in cyber domain, and you did reference the author rad strategic -- norad strategic review that's underway. can you give us some insights into what the u.s. and canada are exploring into that strategic review and what types of changes we might expect to see come out of that? >> i know that the commander of norad who is not only the u.s. comm
fiscal challenges that your country is, and we went through a strategic review several years ago and a deficit reduction action plan, all of which has decreased our budget by 10-15%. and and this has required all kinds of trade-offs along the way too. going forward and recently we just had the speech which indicates that the government is looking to refurbish their canada first defense strategy and in that way allows us to look at where we can invest in new areas. so there will be trade-offs to...
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we explored our countries trust deficit. robbie leatherwood will speak with us next. reporter: vice president aydin in asia, trying to keep the chinese are starting a military conflict. former army four-star general jack keane on what the administration should do next as a business owner, i'm constantly putting out fires. so i deserve a small business credit card with amazing rewards. with the spark cascard from capital one, i get 2% cash back on ery purchase, every day. i break my back around here. finally soone's recognizing me with unlimited rewards! meetings start at 11, cindy. [ male announcer get the spark business card from capital one. choose 2% cash back or double miles on every purchase, every d. what's in your wallet? i need your timesheets, larry! ♪ [ male announcer ] the parking lot helps by letting us know who's coming. the carts keep everyone on the right track. the powerools iroduce themselves. all the bits and bulbs keep themselves stocked. and the doors even handle the checkout so we can work on that thing that's stuck in the thing. [ female announ
we explored our countries trust deficit. robbie leatherwood will speak with us next. reporter: vice president aydin in asia, trying to keep the chinese are starting a military conflict. former army four-star general jack keane on what the administration should do next as a business owner, i'm constantly putting out fires. so i deserve a small business credit card with amazing rewards. with the spark cascard from capital one, i get 2% cash back on ery purchase, every day. i break my back around...
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Dec 2, 2013
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so sometimes there are very great people who have a deficit of self-esteem. so we wanted to question what we felt were these dogmas that had emerged and were just too prevalent, too widely believed. >> host: so not a supporter of the everybody gets a trophy theory. >> guest: no. [laughter] and the kids know. if you don't keep score and you think, well, that'll make everyone feel good, the children keep score. >> host: a call from annapolis, maryland. please go ahead. >> caller: good afternoon, dr. somers. i was wondering if you would comment on the one-woman theme that took place during the presidential election and also the recent virginia governor's election and why at least it was reported it did have an effect on women voters. >> host: what's your opinion first before we hear from dr. sommers? >> caller: my opinion, it was almost like preaching to the choir, and the way it was reported and may have seemed to be emphasized by those who believed it anyway. but in the virginia governor's election, i lived in maryland, it did seem to have an effect at least o
so sometimes there are very great people who have a deficit of self-esteem. so we wanted to question what we felt were these dogmas that had emerged and were just too prevalent, too widely believed. >> host: so not a supporter of the everybody gets a trophy theory. >> guest: no. [laughter] and the kids know. if you don't keep score and you think, well, that'll make everyone feel good, the children keep score. >> host: a call from annapolis, maryland. please go ahead. >>...
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budget deficit $380 million. 17.7% unemployment rate and a quarter of a million people have dropped from the population and down to 700,000 people today. matt, obviously no one wants to see the pensioners who have been used to living on a concern check get less, but it doesn't seem like there is any choices here other than that. >> i don't think anybody wants to see something relying on the pension check to pay their mortgage or food on table, but at the same time, i don't know where the money is coming from. the for ever cents detroit is bringing in 45 cents is going toward debt and it is going to go up to 60 cents they say. >> we have seen this across the county where public unions have cut deals with the government. they are i scratch your back you scratch mine. and that is how this ballooned into this situation where they made promises they can not keep. >> a lot of deals took place a long time ago. but you are running out ouf mof money. detroit, for example, has twice as many pensioners as they do employers in the city. it comes done to math. you have to bring in x-amount of dollars
budget deficit $380 million. 17.7% unemployment rate and a quarter of a million people have dropped from the population and down to 700,000 people today. matt, obviously no one wants to see the pensioners who have been used to living on a concern check get less, but it doesn't seem like there is any choices here other than that. >> i don't think anybody wants to see something relying on the pension check to pay their mortgage or food on table, but at the same time, i don't know where the...
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Dec 4, 2013
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you'll see the deficit fall from about 120 billion to about 105, 110 billion. you've got a number of policies in place. you've got things like the energy prices. some of those green measures being brought into general taxation. you've got free lunches, the free zone fuel duty. >> i've got free lunches? have i? >> you specifically, the government has targeted you. you also might get a few bits of tinkering around the edges. >> i don't know if i want someone to tinker around my edges. >> especially after a free lunch. >> is that why you get the free lunch? okay. i see what the price is now. >> now, you might get an announcement that they're going to start a second wave of privatization. that's going to be a retail offering. you might hear something on rbs or the bank levy and you might get some things like foreign owners in the property in the uk harder with capital gains tax. so little bits and pieces. a free zone business trade. >> thanks for that. plenty more to come. of course, we have extended programming tomorrow for the chancellor's autumn statement and it
you'll see the deficit fall from about 120 billion to about 105, 110 billion. you've got a number of policies in place. you've got things like the energy prices. some of those green measures being brought into general taxation. you've got free lunches, the free zone fuel duty. >> i've got free lunches? have i? >> you specifically, the government has targeted you. you also might get a few bits of tinkering around the edges. >> i don't know if i want someone to tinker around my...
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we have a $100 trillion deficit. this was before obama care. it took money from medicare which is already broke and then added a bunch of new people to medicaid as luis said. the states to have pick up the costs and the states like my state of california and illinois, they're both broke already. >> the states have to pick up 10% of the costs in a few years of medicaid. i mean interesting federal government is paying most of it. >> up front. part of the reason why the administration now has delayed the enrollment. they say they and paneleded it until after the 2014 elections. next year people will pay much higher prices than this year. so i think long term, we submitted a plan. the president talks about a plan that he is open to plans women submitted a plan. myself, paul ryan, senator co-bush, we introduced a bill before it was introduced. >> one of the things that i think is pretty cool about this booking, i'm not just saying this. you are two of the most candid people on capitol hill and that says a lot. a lot of candid people up there. so let
we have a $100 trillion deficit. this was before obama care. it took money from medicare which is already broke and then added a bunch of new people to medicaid as luis said. the states to have pick up the costs and the states like my state of california and illinois, they're both broke already. >> the states have to pick up 10% of the costs in a few years of medicaid. i mean interesting federal government is paying most of it. >> up front. part of the reason why the administration...
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but he said a rapidly growing of deficit opportunity is a bigger threat than the fiscal. we'll go to danny, professor of economics, great to have you back. >> thank you. >> a pleasure, you heard just a moment ago, america's dangerously growing income is defining the challenge of our time. is the president correct, or is he, as some would say, overstating the income inequality and wealth gap argument with that kind of a statement? >> no, if anything there is an understatement. he's absolutely correct saying that it is a defining problem. and this problem has just--it has been exacerbated by global pressures. it is an issue that the white house--i had an opportunity to attend a summit at the white house by the president's council with economic advisers. it is an issue that has to be addressed in light of what is taking place in the economy. >> let's drill down an a bit. we had a conversation before we went to air. as concerned as you are about income inyou quality, you're even more concerned about the wealth gap. >> if you look at income and equality. it is extreme and the
but he said a rapidly growing of deficit opportunity is a bigger threat than the fiscal. we'll go to danny, professor of economics, great to have you back. >> thank you. >> a pleasure, you heard just a moment ago, america's dangerously growing income is defining the challenge of our time. is the president correct, or is he, as some would say, overstating the income inequality and wealth gap argument with that kind of a statement? >> no, if anything there is an understatement....
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Dec 10, 2013
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there's a gaping trust deficit. that's the point of view of republican and democratic lawmakers. you can't trust iran and you have to keep adding to economic pressure on regime even while the deal is under way. that that's the only thing that's going to keep them honest. the administration's response is sort of an odd modification on the old trust but verify with the soviets. kerry said it's not trust but verify, it's verify and verify. they say they're going to monitor this deal and any minor sanctions relief they're doing is easily rolled back if iran doesn't abide by any of its commitments under this agreement. >> so jim, that really is the point. i mean, the administration says this is rolling back some sanctions in a minor way as an incentive to iran to follow through on the geneva deal. what is it that members of congress are against here? why not give it a chance? it's easily fixed. why make it tougher and perhaps frighten them off? >> that's the argument. it's an interesting situation here because you have the american president and the iranian president making the same a
there's a gaping trust deficit. that's the point of view of republican and democratic lawmakers. you can't trust iran and you have to keep adding to economic pressure on regime even while the deal is under way. that that's the only thing that's going to keep them honest. the administration's response is sort of an odd modification on the old trust but verify with the soviets. kerry said it's not trust but verify, it's verify and verify. they say they're going to monitor this deal and any minor...
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it is not going to be deficit. there is no way for me to accept handout. you looke unemployed, for work. if they pay you less, take the less. it is better than taking the handout. some of the callers mentioned israel. and the jewish people hate that. that is the government of israel. taking that and putting that in their pocket. host: some of the money should be spent here at home to extend unemployment insurance benefits. do you think that is a good route to go? caller: that is a copout. somed states has to have helping hand. it doesn't has to go all to israel. it has to go somewhere to the people. they need, too. if they go to a welfare department, state department, the defense department, you will see that these people are charging $100 for a meal which costs $.50, and nobody is overseeing it. host: one last tweet from mark stone. that is going to do is for first 45 minutes. up next, john garamendi joins us to talk about the deal that was announced yesterday. and later, john engler will join us to discuss congressional gridlock and how it is impacting t
it is not going to be deficit. there is no way for me to accept handout. you looke unemployed, for work. if they pay you less, take the less. it is better than taking the handout. some of the callers mentioned israel. and the jewish people hate that. that is the government of israel. taking that and putting that in their pocket. host: some of the money should be spent here at home to extend unemployment insurance benefits. do you think that is a good route to go? caller: that is a copout. somed...
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Dec 4, 2013
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a budget deficit. $9.6 trillion deficit. in, america hired democrat congress, senate, president. they stuffed obama down our throats without any consent from republicans. here we are $17 trillion in debt. benghazi, mexico. people whove the believesnd what obama -- shutting down businesses. these democrats have done enough. harry reid has not passed a budget in this country in six years. where is the outrage there? we have no budget. where's the outrage? we are a country with no budget. you run your household with no budget? they are stealing the money to go back to the campaigns, to a democrats. wake up and look at the democrats -- facts. this guy's a socialist and that is what will be coming. god bless us all. host: former president bill clinton weighed in on the health care law i while ago, saying that the president should keep his pledge on if you like your you -- insurance you should keep it. was interviewed yesterday and asked about why he made those comments. [video clip] is it because you are setting the way for mrs. clinton to run? our problems with obamacare limited to t
a budget deficit. $9.6 trillion deficit. in, america hired democrat congress, senate, president. they stuffed obama down our throats without any consent from republicans. here we are $17 trillion in debt. benghazi, mexico. people whove the believesnd what obama -- shutting down businesses. these democrats have done enough. harry reid has not passed a budget in this country in six years. where is the outrage there? we have no budget. where's the outrage? we are a country with no budget. you run...
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Dec 3, 2013
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we deuce our deficit by hundreds of billions of dollars. create thousands of jobs. and most importantly, mr. speaker, it would bring millions of people out of the shadows and into society. including thousands of dreamers. by creating a pathway to citizenship. all the while showing up our border security. as a member of the homeland security committee, i know my colleague mr. jeffries on the judicial committee, we have worked time and time again on legislation to bring forward proposeles on comprehensive immigration reform. so we are asking our colleagues on the other side to join with us to make these things possible. to not just talk about it, to not be proud or pleased with just 50 bills being passed by one of the most least productive congresses in history but to actually accomplish things that the american public expects us to accomplish. another top priority that i'd like to talk about this evening, mr. speaker, that we've been working on with my colleagues in the congressional black caucus is preventing racial profiling practices in our law enforcement that ha
we deuce our deficit by hundreds of billions of dollars. create thousands of jobs. and most importantly, mr. speaker, it would bring millions of people out of the shadows and into society. including thousands of dreamers. by creating a pathway to citizenship. all the while showing up our border security. as a member of the homeland security committee, i know my colleague mr. jeffries on the judicial committee, we have worked time and time again on legislation to bring forward proposeles on...
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Dec 10, 2013
12/13
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the deficit is going to come down because outlays are frozen and receipts look pretty good. the bigger story is that all this confusion in the markets and corporate america, among investors over fiscal policy, i think, now gets eliminated for a nice stretch, maybe a year and a half, without everyone having to worry about a shutdown or a debt ceiling crisis. that's a good story. >> yeah, that is a good story. is this deal going to get through the house easily? what's going to happen with the tea party members? >> nothing gets through the house easily. it will be a tough one, ross, as we get through thursday and friday. there will be a lot of tea party members .some democrats who don't like another hit on federal employees who can balk. but i think the majority, which will be boehner and the republican leadership with pelosi and most democrats, that coalition that we've seen a couple of times already this year, i think, will prevail on friday and we'll get a deal. >> okay. which as you say would take pressure away from us heading into 2014. does that take away one other potent
the deficit is going to come down because outlays are frozen and receipts look pretty good. the bigger story is that all this confusion in the markets and corporate america, among investors over fiscal policy, i think, now gets eliminated for a nice stretch, maybe a year and a half, without everyone having to worry about a shutdown or a debt ceiling crisis. that's a good story. >> yeah, that is a good story. is this deal going to get through the house easily? what's going to happen with...
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Dec 3, 2013
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upon taking office, he faced a largest per capita deficit in the country. total debt of about $3.5 billion. before taking office, he did several terms as mayor of stanford, connecticut from 1995 to 2009. and what's particularly relevant today for this conversation is promising to make 2012 the year of education in connecticut. he tackled reform agenda and a state long been known for one of the nation's widest racial achievement gaps. and the governor took the lead of passing one of the nation's more dramatic education bills signed in maif of 2012. it was public act 12116 and act concerning education reform. some of the packages most significant features required a new teacher evaluation pilot in which 5% of the evaluation will be based on student learning. the governor's package created a commissioner's networking similar to the recovery school direct in louisiana. which is the ability to take authority over 25 of the state's lowest performing schools to date. 11 have been entered to the networking. and increased per pupil charter school funding to $10,500
upon taking office, he faced a largest per capita deficit in the country. total debt of about $3.5 billion. before taking office, he did several terms as mayor of stanford, connecticut from 1995 to 2009. and what's particularly relevant today for this conversation is promising to make 2012 the year of education in connecticut. he tackled reform agenda and a state long been known for one of the nation's widest racial achievement gaps. and the governor took the lead of passing one of the nation's...
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Dec 3, 2013
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no increase in the deficit. we already know that this bill is going to cost some two or three times what it was purported to cost. and i think the most famous one we've all heard now enough times, you like your doctor you can keep it. if you like your health insurance plan you can keep it. not true. we were tasked on the republican study committee, health committee, to come up with a market-centered approach to health care, which would include no new taxes, no mandate, maintaining the doctor-patient relationship. it's a short bill of 180 pages. it's been reviewed back during the bush administration to increase by nine million to 11 million people who would have health insurance and we think far more than that and there are six titles to this bill, very simple to understand, one is to overturn the affordable care act. that's number one. number two, equalize the tax treatment between an individual and company. what does that mean? i'll use myself as an example. when i worked for my medical group my health insuranc
no increase in the deficit. we already know that this bill is going to cost some two or three times what it was purported to cost. and i think the most famous one we've all heard now enough times, you like your doctor you can keep it. if you like your health insurance plan you can keep it. not true. we were tasked on the republican study committee, health committee, to come up with a market-centered approach to health care, which would include no new taxes, no mandate, maintaining the...
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Dec 4, 2013
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in the long run what we say about health care costs shows up in entire paychecks for workers and/or deficits the government. indeed, the cbo estimates that in the second decade the aca is in effect once it is in effect it will shave .5% of gdp off our deficit every year. which is about $80 billion each year in today's economy. "the new york times" reports this morning that the cost of the aca are heading in the other direction. so economic benefits are going up, costs are going down. now, how do we implement all these benefits to make sure they translate to better care for everyone? because it will allow -- as i said, millions of americans have been benefiting from them since 2010. what we have to do is keep spreading the word so america's know that these options are available to them. for americans without insurance are working to help them get covered. this is where much of the attention has been since october 1. the new health insurance marketplace will help ensure millions of hard-working americans find affordable health care. in states where governors and legislators, candidates and sta
in the long run what we say about health care costs shows up in entire paychecks for workers and/or deficits the government. indeed, the cbo estimates that in the second decade the aca is in effect once it is in effect it will shave .5% of gdp off our deficit every year. which is about $80 billion each year in today's economy. "the new york times" reports this morning that the cost of the aca are heading in the other direction. so economic benefits are going up, costs are going down....
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Dec 10, 2013
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this is not about the big things that really are making the deficit and debt so big. but it is small and anything small that is bipartisan these days will take, right? there are a couple things holding it up. >> what are the sticking points? >> unemployment benefits. long term unemployment benefits are going to run out soon. democrats in both chambers but particularly the house are really holding out because they want either this to be part of the budget deal or to use it as leverage to make sure that they have a promise to extend the unemployment benefits. another thing that may seem a little parochial but is a big deal to senior democrats who represent maryland suburbs of d.c., a lot of federal workers, is that part of the deal is -- would force federal workers to pay more for their pensions. that's something that steny hoyer and others are saying they don't like. that probably won't hold it up as much. then you have the conservative side. they just don't like this to begin with because they don't like the idea this would do away with the forced across the board spe
this is not about the big things that really are making the deficit and debt so big. but it is small and anything small that is bipartisan these days will take, right? there are a couple things holding it up. >> what are the sticking points? >> unemployment benefits. long term unemployment benefits are going to run out soon. democrats in both chambers but particularly the house are really holding out because they want either this to be part of the budget deal or to use it as...
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Dec 5, 2013
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we talk about the budget deficit, the reason we have a budget deficit is because we have a trade deficit. the outsourcing of jobs from coast-to-coast. there is simply no reason to bring up a deal under the fast-tracked procedure which will not permit amendment on this floor, a deal negotiated in secret by yet another presidential administration, and don't americans know how the middle class has been shrinking, how incomes have been shrinking, how production from coast-to-coast has been outsourced? i wish to place additional remarks in the record associating myself with the special order this evening that calls on the administration to rebalance our trade accounts. they could take up a bill that i have authored to rebalance america's trade accounts and take a look at all of these nations with which we have amassed these huge, huge deficits, with our production being outsourced. madam speaker, let's table the trance pacific partnership deal. et's table -- transpacific partnership deal. let's table this model. i yield back the balance of my time. the speaker pro tempore: without objection,
we talk about the budget deficit, the reason we have a budget deficit is because we have a trade deficit. the outsourcing of jobs from coast-to-coast. there is simply no reason to bring up a deal under the fast-tracked procedure which will not permit amendment on this floor, a deal negotiated in secret by yet another presidential administration, and don't americans know how the middle class has been shrinking, how incomes have been shrinking, how production from coast-to-coast has been...
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Dec 7, 2013
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there is a third group of symptoms which we call the the cognitiveoms, deficits. those are problems with memory and problems of attention. sadly, we do not have good treatments for those latter two categories. we have treatments for hallucinations and delusions, medications at work quite well. but the other parts of this syndrome, the parts that are often even more disabling, we need to come up with much better treatments. that is part of why nih is so focused on developing both better diagnostics and better therapeutics for these kinds of illnesses. host: this tweet on the issue of mental health -- are there any other significant development being made in other countries? guest: it is a great question. recently, mental disorder research has become global. there is a lot of interest in global mental health, and that is not just from europe and australia. canada and increasingly in other parts of the world. the disorders we're talking about our global and not unique to the developed world. as a result, there have been some very interesting little-resource environme
there is a third group of symptoms which we call the the cognitiveoms, deficits. those are problems with memory and problems of attention. sadly, we do not have good treatments for those latter two categories. we have treatments for hallucinations and delusions, medications at work quite well. but the other parts of this syndrome, the parts that are often even more disabling, we need to come up with much better treatments. that is part of why nih is so focused on developing both better...
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Dec 8, 2013
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current account deficits since 1999 shows the trend and the discovery of new domestic sources of oil and gas, it reinforces this issue. the country is spending less on imported energy." you can read the full story on bloomberg's website. the front page of "the pittsburgh post-gazette" -- a look at some of the victims from one year ago and a story that will likely get a lot of attention in the week ahead. this is from "the detroit free press" -- you can get more information by logging on to freep.com. next is robert from massachusetts. decline andre in the reason is because we, as a viewed -- when the world our opinion not to go to war, we would not go with our allies. we are ia country that has of thed because one world sees our moral fabric has declined, that is a decline any way. when bush stole the election world looked the --it is not a has way we go about the world. said we havellers the most disrespected presidents. how does the worldview that? it is a holy mentality. then you look at what happened in wall street, the greed that is going on. this is all that. we are meddling in
current account deficits since 1999 shows the trend and the discovery of new domestic sources of oil and gas, it reinforces this issue. the country is spending less on imported energy." you can read the full story on bloomberg's website. the front page of "the pittsburgh post-gazette" -- a look at some of the victims from one year ago and a story that will likely get a lot of attention in the week ahead. this is from "the detroit free press" -- you can get more...
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Dec 4, 2013
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the possibilities of how to cut the deficit, that's all been discussed over and over ad nauseam again. if we talk about spectrum sales one more time, i think people will start passing out. it's all about the political will. is the political will there this time? >> the calculation has been the pain will inspire political will. we haven't seen this before. every time people say it's going to be fine, we're not going to have a shutdown or play chicken with the fiscal cliff and we do. here's what's perhaps a little bit different, the fact they're negotiating in good faith in private is good. the question will be can republicans accept any revenues from closed loopholes or is that off hand? >> they need to cut. they're on solid ground in terms of wanting to cut. they voted for the sequester. that was a mistake. i like the quiet. >> reality check here, both the democrat and republican version are austerity budgets, the question to what degree. >> hopefully they do the smart thing administratively and give the power of cutting back to the agencies. these guys shouldn't be figuring what cuts
the possibilities of how to cut the deficit, that's all been discussed over and over ad nauseam again. if we talk about spectrum sales one more time, i think people will start passing out. it's all about the political will. is the political will there this time? >> the calculation has been the pain will inspire political will. we haven't seen this before. every time people say it's going to be fine, we're not going to have a shutdown or play chicken with the fiscal cliff and we do. here's...
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Dec 3, 2013
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no one looks even though as it's important as the budgetary deficit is the commercial deficits. minus 67 billion euros for france in 2012 when the gemini surface is 188 billion euros. what does that mean? it means that our economy is totally unbalanced. we produce less and less so we have two import a growing part of what we consume and as a consequence we run a growing deficit and factories are closing. we consume but others are producing. the french crisis is not a crisis of demand. it is a crisis of supply, like in other countries in europe. our capacity to consume is not the problem because of the welfare state. what is the problem is our capacity to produce and sell more goods and services in france. so we will be able to get rid of this spiral we are stuck and only if we manage to change. for a long time friends nurse demand by the development of public employment and redistribution. all this was financed by ever-growing taxes. now this cannot function anymore. we have to change it radically and that is exactly the program we are working on and we will have to change that
no one looks even though as it's important as the budgetary deficit is the commercial deficits. minus 67 billion euros for france in 2012 when the gemini surface is 188 billion euros. what does that mean? it means that our economy is totally unbalanced. we produce less and less so we have two import a growing part of what we consume and as a consequence we run a growing deficit and factories are closing. we consume but others are producing. the french crisis is not a crisis of demand. it is a...
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Dec 3, 2013
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at the end of the day, we still have a $700 billion deficit. that has gotten lost in this discussion, the massive debt continues to not shrink and continues to pile up for future generations. host: would you support it, short-term deal for congressional resolution? guest: it would depend on what is in it. i think most conservatives would say, we have to do something about obamacare. we have to show the american people would think it is not working. perhaps that would be not allowing the sixth in the medicaid funding to continue to be sent generally to blue states. if we can maintain the sequester level the that is a minor victory. you mentioned the shut down. would you support that prospect if it came up again? guest: i didn't support the last one. there's no bill of a shutdown. when the president and senator reid said, give me everything i want or we will show the government down, we passed 14 bills while the senate has none. i think we blinked but it did draw attention to the failures of obamacare and the fact the president and the democrats
at the end of the day, we still have a $700 billion deficit. that has gotten lost in this discussion, the massive debt continues to not shrink and continues to pile up for future generations. host: would you support it, short-term deal for congressional resolution? guest: it would depend on what is in it. i think most conservatives would say, we have to do something about obamacare. we have to show the american people would think it is not working. perhaps that would be not allowing the sixth...
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Dec 8, 2013
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effect on the town of the mine closing was deficit in the account had been through lots of hard times bigger than labor strikes and i write about what big strikes in my book. it had been through the depression the aldermen voted to work three days a week so everybody could work. but when the mine closed-end, nobody could believe it. they tried to get people to get in to be a white knight to save the town and have someone else bought it. a company that bought it from the original owners and they were mining deep and mining fast and getting the best stuff out there and then environmental protection agency came in and said you can't keep doing what you're doing. and between the way the gulf resources managed the mine and the epa, they closed down and this became a superfund site. epa is the one who tries to keep the air clean and the water claim. this town did not have clean air or clean water. so there were lots of poisons that were spread out on the ground. while this one company was managing the mine, there was a back house fire. the back house was the place for many of the boys were
effect on the town of the mine closing was deficit in the account had been through lots of hard times bigger than labor strikes and i write about what big strikes in my book. it had been through the depression the aldermen voted to work three days a week so everybody could work. but when the mine closed-end, nobody could believe it. they tried to get people to get in to be a white knight to save the town and have someone else bought it. a company that bought it from the original owners and they...
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Dec 7, 2013
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let's make up the deficit. and he begins to haul out yeller boys out of his pocket. it's a most amazing good idea, duke. you have got a clever head on you, says the king. blessed if you ain't helping us out again, and he begun to haul out yeller jackets and stack them out. they made up the 6,000 clean and clear. says, say the -- say, says the duke, let's count this money and then take and give it to the girls. good land, duke. let me hug you, it's the most dazzling idea ever a hand struck. you certainly got the most astonishing head i ever seen. oh, this is the boss dodge. there ain't no mistake about it. let 'em fetch along their suspicions now if they want to. this'll lay 'em out. i don't know where i am, but i'm pretty close to ten. but as you might expect, they get -- [inaudible] because the two real heirs show up. [laughter] [applause] so anyways, thank you. >> it's really nice to see how bad guys get their comeuppance, at least in fiction if not always in real life. our next reader is peter -- [inaudible] peter is a poet and a volunteer here, he's also a cook,
let's make up the deficit. and he begins to haul out yeller boys out of his pocket. it's a most amazing good idea, duke. you have got a clever head on you, says the king. blessed if you ain't helping us out again, and he begun to haul out yeller jackets and stack them out. they made up the 6,000 clean and clear. says, say the -- say, says the duke, let's count this money and then take and give it to the girls. good land, duke. let me hug you, it's the most dazzling idea ever a hand struck. you...
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well, i don't believe that racking up trillions of dollars of additional deficit and debt are good things for her. >> reporter: and our thanks to dana bash for that, reporting on the gop trying to woo more women voters. >>> all right. the fbi believes a letter was written and sent by a missing new hampshire teenager, abigail hernandez. she was last seen in october on her way home from school in the town of conway. well, abigail's mother received a letter a month ago. police won't talk about details in the letter, but say they are concerned for abigail's safety. adding that it is possible that she is being held against her will. >>> and while you were sleeping, u.s. defense secretary chuck hagel was on a military transport headed for an unannounced trip to afghanistan. he landed in kabul earlier this morning. is he there to thank the u.s. troops for their service and training afghan training forces, and he'll meet with his afghan counterpart to see if afghan troops are able to defend their own country. >>> as the world mourns the death of nelson mandela, tributes to south africa's first bl
well, i don't believe that racking up trillions of dollars of additional deficit and debt are good things for her. >> reporter: and our thanks to dana bash for that, reporting on the gop trying to woo more women voters. >>> all right. the fbi believes a letter was written and sent by a missing new hampshire teenager, abigail hernandez. she was last seen in october on her way home from school in the town of conway. well, abigail's mother received a letter a month ago. police won't...
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Dec 5, 2013
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speaker, i would say that such policies, if we were to continue, would lead to greater federal deficit, which would eventually reduce the nation's output in income, slightly what would occur under current law. so i believe we should be focused on how we get folks back to work. that is where the house has been focused. unfortunately, after 140-some bills we passed over to the senate, they still await even consideration at all by that body. so with that, mr. speaker, i yield back. mr. hoyer: i thank the gentleman for his comment. we need to have the -- we don't have the time nor the inclination of going through the bills which the gentleman refers as jobs bills. of course we have an alternative and mr. van hollen will be talking about that in terms of jobs, investment, infrastructure, investment in education and growing jobs for our people. but the fact of the matter is, mr. speaker, there are 1.3 million people who can't find a job. to say that they will be disincentivized because we continue to give them some support so they can survive and their families can survive during the period
speaker, i would say that such policies, if we were to continue, would lead to greater federal deficit, which would eventually reduce the nation's output in income, slightly what would occur under current law. so i believe we should be focused on how we get folks back to work. that is where the house has been focused. unfortunately, after 140-some bills we passed over to the senate, they still await even consideration at all by that body. so with that, mr. speaker, i yield back. mr. hoyer: i...
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Dec 5, 2013
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. >> if you had that deficit of caloric intake. >> we have a camera. >> stop. >> wow. >> they're solving your first world problems, there you go. >> another issue you've been looking at is educational disruption. we've been talking about that, where do you think the winners are? >> that was on camera. is that my age or iq? >> i'm terrified of buying the ulta vista of this. the entrenched -- all the reasons that this part of the economy has failed to adapt are mostly still in place. . i think it'll take a while to unwind and fix itself. we haven't put our bets down on that trend but it's going to be big, it has to be. >> what has to happen before you'll put money on the table for this? >> you know, a lot of people say there's not a lot of money in that because they're college students. come on, that's b.s., budweiser makes a lot of money. we find someone who is making money. >> i think you look good. i do. >> -- a revision to the third quarter gdp. rick santelli standing by in chicago. take it away. >> all right. our second look at third quarter gdp is off the charts out of expectation ra
. >> if you had that deficit of caloric intake. >> we have a camera. >> stop. >> wow. >> they're solving your first world problems, there you go. >> another issue you've been looking at is educational disruption. we've been talking about that, where do you think the winners are? >> that was on camera. is that my age or iq? >> i'm terrified of buying the ulta vista of this. the entrenched -- all the reasons that this part of the economy has failed...
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republicans in congress more than president obama on budget issues, on the economy, on health care, on the deficit. that's very specific and has an impact on next year's elections. >> tonight, chris will afford us all the opportunity to watch the president of the united states. >> "hardball" is kicking you know what? it's kicking it old school, man. remember we used to watch "who wants to be a millionaire" and regis had to be on every night. chris was on at 2:00 and 3:00, 12 times a day. he's on 7:00 now. boom. the number one show. >> more popular than peanut butter and jelly sandwiches. >> you embarrass me, joe. >> not so easily embarrassed, chris. i assure our audience. >> i think it's interesting, joe. you ask the greatest question tonight. you know the business. i don't usually need them. i enjoy just duking it out with politicians at a distance. i don't need to beg them to come on my show. i always thought, i see the president pop up on different kind of show, entertainment shows like letterman and leno and i'm thinking why can't we get them. they made some decisions in the white house and ma
republicans in congress more than president obama on budget issues, on the economy, on health care, on the deficit. that's very specific and has an impact on next year's elections. >> tonight, chris will afford us all the opportunity to watch the president of the united states. >> "hardball" is kicking you know what? it's kicking it old school, man. remember we used to watch "who wants to be a millionaire" and regis had to be on every night. chris was on at 2:00...